VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Sees Large Decrease in Short Interest

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 494 shares, a drop of 42.4% from the August 15th total of 857 shares. Based on an average trading volume of 4,227 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On VictoryShares US 500 Enhanced Volatility Wtd ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC boosted its holdings in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 0.5% in the second quarter. Integrated Wealth Concepts LLC now owns 102,274 shares of the company’s stock valued at $8,190,000 after acquiring an additional 554 shares in the last quarter. First Heartland Consultants Inc. acquired a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF in the second quarter worth approximately $204,000. Cetera Investment Advisers lifted its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 1.3% in the first quarter. Cetera Investment Advisers now owns 435,532 shares of the company’s stock worth $32,296,000 after purchasing an additional 5,722 shares during the period. Fifth Third Bancorp bought a new position in VictoryShares US 500 Enhanced Volatility Wtd ETF during the 1st quarter valued at $569,000. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in VictoryShares US 500 Enhanced Volatility Wtd ETF by 99.6% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 46,774 shares of the company’s stock valued at $3,468,000 after purchasing an additional 23,337 shares in the last quarter.

VictoryShares US 500 Enhanced Volatility Wtd ETF Stock Down 0.8%

CFO stock traded down $0.64 during trading on Wednesday, reaching $78.92. 4,174 shares of the company’s stock were exchanged, compared to its average volume of 6,075. VictoryShares US 500 Enhanced Volatility Wtd ETF has a 1-year low of $70.78 and a 1-year high of $83.51. The company’s fifty day moving average price is $81.40 and its 200-day moving average price is $78.65. The firm has a market cap of $395.36 million, a PE ratio of 20.50 and a beta of 0.63.

VictoryShares US 500 Enhanced Volatility Wtd ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, September 9th were paid a dividend of $0.1285 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Wednesday, September 9th.

VictoryShares US 500 Enhanced Volatility Wtd ETF Company Profile

The VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the largest US stocks by market cap, screened for positive earnings and weighted by volatility. The fund can move to 75% cash maximum in market downturns. CFO was launched on Jul 2, 2014 and is managed by VictoryShares.